Summary
Date Posted: Tuesday, November 08, 2022 , Base Salary: Not Disclosed

JOB DETAILS:

Principle Accountabilities
• Formulate and come up with product strategies that competitively address identified and emergent market opportunities
• Ownership of existing and new CASA products and its variants
• Ensure growth through product development, new acquisitions, deepening existing relationships as well as developing strategic alliances with tactical partners to drive uptake.
• Engage with segment owners and market activators to achieve product uptake and utilization to meet revenue targets as well as increase deposit accounts use-cases
• Manage the product lifecycle to ensure that the portfolio remains relevant and profitable
• Provide regular market reviews, advise the bank on optimal policies, processes, procedures, and fees to ensure maximum products profitability
• Responsible for the profit and loss of liability products by containing costs and maximizing revenues
• Continuously engage with internal and external partners to upgrade and innovate products to provide value-added benefits to the customers that builds the bank’s Liability book.
• Providing support and training continually to bank staff on new systems, products and policy updates.
• Supporting financial requirements of product management including pricing, budgets, forecasts and profitability.
• Give inputs for development of product/ service bundles, with a view to aid client deepening and cross-sell across segments.
• Give inputs for development of a standardized client value proposition, and oversee roll out of the sam

Minimum Qualifications, Knowledge and Experience
• Bachelor’s degree in a business-related field from a recognized university
• MBA is an added advantage.
• 7 years of work experience, with 3+ years products management and product development preferably in middle/senior management level.

Key Competencies and Skills
• Re-engineering of business, technology, and operational processes.
• Detailed knowledge of the core set of Retail Products and Services.
• Broad understanding of policies and strategies across the Group as they relate to the demands of the customer base.
• Good knowledge of the products & services available in bank functions is also required to satisfy the individual financial needs of business owners/key individuals.
• Good knowledge of the Current Market and competitive Liabilities positioning

Work Hours: 8

Experience in Months: 84

Level of Education: Bachelor Degree

Job application procedure

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